March 22, 2007 

Daily Bankruptcy News

Brought to you by BKINFORMATION.COM - The Source for Bankruptcy News on the Internet 

Also available on the Web (with links to the news stories) http://bkinformation.com/News/DailyNews.htm
Prior editions: http://bkinformation.com/bankruptcy_news.htm
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Aviation:

Judge delays ruling on Northwest flight attendant pay cuts
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Here's To The Richest Man In Town
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Law:

Rudy's Firm Doubles Size of NY Office
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Morgan Stanley Wins on Perelman's $1.6 Billion Award
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The U.S. Attorney "Constitutional Showdown"
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M&A boom drives Wall St elite to $3m partner profits benchmark
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Lawyer's Hoax Spurs Legal Tactics Debate
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Mayer Brown targets £1m PEP in London
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Manhattan transfer finds New Yorkers less than bullish
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Law Firm Gardere Names New Bankruptcy Partner
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Client Teams Spur More Business for Law Firms
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Credit Suisse Case Brings 'Epic' Wall Street Battle Before Supreme Court
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Firms Predict More Work, Less Equity
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Staying power?
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Blogging Can Render You Ineligible for Malpractice Insurance
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Anonymous Lawyer
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Say What?!
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Law Firms Line Up to Represent Candidates
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We'll crush you like a bug
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Rising Star at 21? Beware
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Holocaust lawyer eyes bankruptcy
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Law Firms' Diversity Goals Could Face Legal Attack
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Law Firms Should Make the Most Out of Strategic Planning
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Corporate Reform:

Black's Co-Defendants Tell Jurors They Are Innocent
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Black co-defendants' attorneys seek to wrap up opening statements
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Court adjourns: Hollinger International lawyer says he wasn't in on any fraud
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Defense Portrays Corporate Counsel as 'Outsider' Among Hollinger Co-Defendants
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David Stockman may be indicted
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Credit Cards:

Credit-Card Delinquencies Rise
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Anna:

When 'legal ethics' is an oxymoron
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The Turnaround Pro's Role in Accessing Nontraditional Capital Sources
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Going the Distance in Fraudulent Transfer Fight - MAN Delivers 1-2 Punch Against Freightliner in U.S., English Courts
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Raising New Capital in Distressed Situations
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Autos:

LaSorda battles sagging morale
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Daimler Could Keep Chrysler Ties
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Decision on sale soon
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Economy:

Fed Holds the Line on Interest Rates
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Fed statement has investors puzzled
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Why the Fed Didn't Raise Interest Rates
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Real Estate:

Fremont Sale Clears Out $4 Billion of Subprime Loans
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Finding a Mortgage in Tougher Times
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Subprime nerves subside as firms find funding
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Dwek associate admits to fraud
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Hedge Funds Seek Bargains Among Subprime Lenders
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Congress to press regulators on mortgages
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One-Way ARMs: Stacking the Deck
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Timber:

Maxxam Inc. Escapes CA for TX with Stolen Forests, Jobs & $$$
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Banking:

Calif. Supreme Court Takes Up $1 Billion Banking Case
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Clothing:

Judge approves Iron Age liquidation plan
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Utilities:

ComEd may be added to proposal to freeze electric rates
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Fight Brews Among Utilities in Illinois
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Religion:

A career of conning the Catholics
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Health Care:

Administration Consumes 30% of Healthcare Costs
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FTI Consulting Announces Senior Level Promotions
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Werner Ask for Approval of Lead Bidder
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Court to Notify Parmalat Investors of US$50 Million Partial Settlement of Class Action Lawsuit
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Bankruptcy judge in Nvidia trial bars media
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Alternative Financing Limits Appeal of High Yield Debt - Will Use in Restructurings, Turnarounds Increase?
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Gravitating to Turnaround Investing - Potential Returns Provide Strong Attraction for Private Equity
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New Bankruptcy Opinions
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Bankruptcy Court Web/Pacer Site Directory

Chapter 7, 12 & 13 Private Trustee Locator
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Recent Ch. 11 Filings
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Bankruptcy Jobs:

(1), (2), (3), (4), (5), (6), (7), (8), (9), (10), (11)
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Retailing:

Hancock Fabrics files for Chapter 11
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Hancock Fabrics to close 104 more stores
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Hancock bankruptcy news "saddens" many
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Hancock to be delisted from the NYSE
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Brook Mays asks for conversion to Chapter 7
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Copeland to Solicit Ch. 11 Plan Votes
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Mass Torts:

Congoleum Corporation Reports 2006 Results
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Asbestos Cancer Lawyer Named to Top Ten in California
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Bankruptcy Crimes:

Events hint at wider inquiry in bankruptcy fraud trial of Gary Peel
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Couple sentenced for bankruptcy fraud
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Exemptions:

Bankruptcy Changes Florida Constitution Again
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Telecoms:

Motorola signals get worse
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New Players, Debt Structures Will Shape Next Restructuring Wave Second Liens Worry Borrowers, Lenders, Professionals
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OC treasurer wants bankruptcy trust to pay his legal bills
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Barbados-Based Bank Is First to File for Chapter 15 Bankruptcy in Florida
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UK:

Begbies Traynor raises millions through share placement
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More raids in Torex probe
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UAE:

Arabs urged to overhaul bankruptcy laws
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Japan:

Four former Livedoor executives sentenced
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Canada:

Nearly one quarter of farms facing bankruptcy
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No Need For Bankrupt Company To Recognize Pension Plan Priority
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